Risk Management

The risk management structure of Cameo Communications is centered on respective responsible departments, which conduct related risk assessment operations. The framework evaluates risks based on the probability of occurrence and degree of impact on Cameo Communications, then implements risk responses for specific high-risk items to ensure the company achieves sustainable business operations。

友勁科技風險管理架構

Risk Responsible Department Risk-related Business Activities
Strategic risk CEO office
  • Formulate the Company’s future operating policies。
Operational and market risk General Manager’s office
Business unit
All relevant departments
  • Execute product R&D, manufacturing, and sales in line with company strategy, and strive to improve production technologies, enhance quality, and reduce costs to increase profitability。
Financial and liquidity risk Finance
  • Hedge against interest rate and foreign exchange risks, manage bank credit limits, and maintain banking relationship maintenance, etc。
Customer credit risk Finance
  • Establish and review customer credit limits, manage and collect accounts receivable。
Legal risk Legal affairs
  • Review contracts and company authorizations, reduce corporate legal risks, and safeguard the Company’s tangible and intangible assets。
Environmental, health and safety (EHS) risk Facility management
  • Address potential occupational health and safety hazards and specific risk factors in workplace, implement EHS policy-driven health and safety management and enhance management performance。
Risk Category Risk Description Risk Management Strategy
Sustainable Environment Continuous increase in greenhouse gas emissions /
rising emission intensity
  • Establish green factory management systems。
  • Develop energy conservation and carbon reduction projects。
  • Plan for energy resource usage reviews and source-level management。
Violation of environmental regulations
  • Environmental education advocacy and promotion。
  • Environmental regulation refresher courses。
Increase in waste volume / decrease in recycling rates
  • Minimize waste from the source in product and process design, and dispose waste in accordance with legal requirements。
  • Promote waste sorting and improve recycling rates。
Employee Care Inability to reduce the number of occupational incidents
  • Occupational incidents: prepare and issue monthly occupational health and safety promotional materials, including accident investigations and case studies from peers. Conduct regular conduct internal or external health and safety trainings related to job duties, led by Company-appointed professional instructors or conduct company-sponsored trainings, and confirm effectiveness through tests, practical exercises, or obtaining completion certificates。
Overwork
  • Conduct regular manpower inventory and reviews。
Insufficient employee competency
  • Define required competencies for each role and provide training through various training channels to enhance employee capabilities。
Overly high turnover rate / Labor shortage
  • Design competitive compensation and employee benefits packages。
  • Develop comprehensive training and local talent development programs。
  • Plan and execute employee education, training and development strategies。
Operational Performance Insufficient product market competitiveness
  • Arrange market research training for product development staff。
  • Investigate and participate in international standards organizations to enhance market exposure。
  • Arrange development capability enhancement courses for R&D personnel。
Frequent information security incidents / Business interruptions caused by information security incidents
  • Conduct annual security testing, information communication health checks, social engineering security, and information security incident drills。
  • Strengthen employees’ information security crisis awareness and incident response capabilities of cybersecurity personnel to prevent incidents in advance and effectively detect and contain the spread at the first opportunity。
  • Company annually announces and promotes information security policies on a regular basis and cultivates employees with cybersecurity certifications。
  • Implement information security education and training for all employees。
Rising raw material costs / supply chain disruptions
  • Diversify suppliers: Establish partnerships with multiple suppliers to reduce dependence on a single supplier。
  • Establish long-term trust and cooperation foundation with suppliers to gain support and even preferential treatments from suppliers。
  • Monitor market changes: Closely monitor market and industry changes, including raw material price trends and supply conditions, to anticipate potential issues in advance。
  • Long-term supply contract: Sign long-term supply contracts with suppliers to ensure stable supply and pricing。
  • Backup suppliers and backup plans: Identify backup suppliers to address situations where primary suppliers cannot deliver, and develop contingency plans。
  • Maintain good communication: Maintain frequent and effective communication with suppliers, share information, and solve problems in a timely manner。
R&D bottlenecks
  • Market product specification competition analysis。
  • Regular recruitment of new R&D talents。